▶Subscribe to the Steel News Rewind Newsletter

North America

All the latest headlines from NAFTA trading partners: the U.S., Canada and Mexico.

Latest News

U. S. Steel Reports 2nd Quarter 2010 Results

28 July 2010 - U.S. Steel reported a net loss of $25 million on net sales of $4.7 billion for the second quarter, and a net loss of $182 million on net sales of $8.6 billion for the first six months of 2010.

AK Steel Reports Q2 Financial Results

28 July 2010 - AK Steel reported net income of $26.7 million, or $0.24 per diluted share of common stock, for the second quarter of 2010, compared to a net loss of $47.2 million, or a loss of $0.43 per diluted share, for the same period last year.

Commerce Finds Unfair Dumping, Subsidization of Magnesia Carbon Bricks

28 July 2010 - The Department of Commerce has announced its affirmative final determinations in the antidumping duty (AD) and countervailing duty (CVD) investigations on imports of magnesia carbon bricks from P.R. China and AD investigations on imports from Mexico.

Siemens Receives Order from ATI for Integrated Hot-Rolling Mill

28 July 2010 - Allegheny Technologies Inc. awarded a contract to Siemens VAI Metals Technologies GmbH to design, engineer, and supply a complete integrated hot-rolling mill on a process turn-key basis. The new mill will be part of a new advanced specialty metals hot-rolling and processing facility, and will be built at ATI Allegheny Ludlum in Brackenridge, Pa.

Court Rules Against Delay in U.S. Steel Case

27 July 2010 - Canada’s Federal Court of Appeal has ruled against U.S. Steel’s request to for a stay in proceedings related to the company’s failure to satisfy commitments made under the Investment Canada Act prior to the company’s purchase of Stelco.

Horsehead Reports Explosion, Two Fatalities at PA Plant

26 July 2010 - Horsehead Holding Corp. reported that on July 22 an explosion occurred at its Horsehead Corp. Monaca, Pa., facility, resulting in two fatalities and injuries to at least two employees in the plant's refining facility.

Stainless Steel Imports Up 53% through April 2010

26 July 2010 - Total stainless steel imports reached 183,761 tons for YTD April 2010 a 52.8% increase compared to the comparable year-ago period according to the latest report from SSINA. Total specialty steel imports (comprising stainless steel, alloy tool steel and electrical steel) were up 37.8% through the same period.

Nucor Reports 2nd Quarter, Six-Month Results

23 July 2010 - Nucor reported consolidated net earnings of $91.0 million on consolidated net sales of $4.20 billion for the second quarter, and consolidated net earnings of $122.0 million on consolidated net sales of $7.85 billion for the first half of 2010.

Metals USA Reports Q2 2010 Results

23 July 2010 - Metals USA Holdings Corp. reported sales revenues of $335.0 million for the second quarter of 2010 ended June 30, 2010. This compares favorably to sales revenues of $287.9 million for the first quarter of 2010 and $267.8 million for the same period a year ago.

World Crude Steel Production Dips 4.4% in June

22 July 2010 - World crude steel production for the 66 countries reporting to the world steel association stood at an estimated 118.76 million tonnes in June 2010 — a 4.4% decrease from the previous month (May 2010) and an 18.0% increase vs. June 2009.

California Steel Industries Reports Q2 2010 Results

22 July 2010 - California Steel Industries, Inc. reported second-quarter net income of $18.5 million for the period ended June 30, 2010. Sales revenues for the quarter are $301.7 million on shipments of 363,127 net tons. The figures represent significant increases compared to the same period a year ago.

ALJ Releases 3rd Quarter Revenue Performance

21 July 2010 - ALJ Regional Holdings, the parent company of Kentucky Electric Steel, reported revenues of $31.0 million for the third quarter and revenues of $80.5 million for the nine months ended June 30, 2010.

Universal Stainless Names New CFO

21 July 2010 - Douglas M. McSorley has been named Vice President of Finance, Chief Financial Officer, and Treasurer of Universal Stainless & Alloy Products, Inc., effective July 19.

Metals Shipments Accelerate in June 2010

21 July 2010 - Year-over-year growth of steel and aluminum shipments from U.S. and Canadian metals service centers continued at double-digit rates in June, according to the latest Metals Activity Report from the Metals Service Center Institute.

Steel Dynamics Reports 2nd Quarter 2010 Results

21 July 2010 - Steel Dynamics, Inc. announced net income of $49 million on net sales of $1.6 billion for the second quarter of 2010.

May Steel Shipments up 4.1% from April

19 July 2010 - U.S. steel mills shipped 7,345,455 net tons for the month of May 2010, a 4.1% increase from the 7,057,660 net tons shipped in the previous month and a 71.6% increase from the 4,281,986 net tons shipped in May 2009 according to the latest report from AISI.

Mesabi Trust Declares Distribution

16 July 2010 - The Trustees of Mesabi Trust declared a distribution of $0.80 per Unit of Beneficial Interest payable on August 20, 2010, to Mesabi Trust unit holders of record at the close of business on July 30. The Trust did not declare a distribution for the same period a year ago.

AISI Opposes Electric Utility Cap-and-Trade Proposals

16 July 2010 - AISI expresses opposition to proposals for a cap-and-trade program directly regulating the electric utility sector because of the substantially negative impact such legislation would have on the international competitiveness of the steel industry.

ThyssenKrupp Nirosta, Christian Pohl Supply Stainless Steel for High-Rises

15 July 2010 - Three major projects were recently completed in the United States in which stainless steel played an important part. ThyssenKrupp Nirosta manufactured the material for the stainless steel elements, which were then processed by Christian Pohl GmbH and delivered to North America.

U.S. Steel Joins Coalition to Help Keep Chicago Locks Open

15 July 2010 - The UnLock Our Jobs coalition announced several new members, including U.S. Steel Corp., Ports of Indiana, and American Agriculture Movement. The coalition works toward a comprehensive solution to stop the spread of Asian Carp, while leaving the Chicago locks open to commerce.

Page 311 of 521

View Latest Steel News